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20110701
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>> reporter: take care, everybody. jon: and good morning to you as we begin "happening now" on this monday, a very special welcome back to jenna lee. jenna: thank you very much. jon: anything big happened while you were gone? jenna: got married, went on a honeymoon. i'm back for good. jon: glad to have you. brand-new developments in the debt showdown as the clock ticks closure to government default. now the tea party is stepping in, pushing its cut, cap and balance plan. jenna: ccp, a measure that raises the limit on america's credit card by another $2.4 trillion, only after big and immediate spending cuts, as well as a constitutional amendment requiring a balanced federal budget. jon: it looks likely to pass in the house but the senate is a very different story. mike emanuel live at the white house for us now. what is the latest from the white house, first of all, mike? >> reporter: jon the white house perspective that this is a huge problem, our nation's debt, so this is the time to do something big and do something bold. it is not clear where the votes will be in terms o
are requiring from the senate. jon kyle and kate bailey hutch chin son. six are retiring at the end of the term and 17 running for rerehrebgs in the senate. 23 seats held by democrats will be up for grabs in 2012. larry sabado is director for the center of politics at university of virginia. always good to talk to you. thank you for being here. i was struck by a poll from abc news and "the washington post" who said that 70% of people who help ask said they would like to fire their elected official in washington. that is a huge number. >> it is a huge number. and you wonder whether at some point we might actually have a fourth wave election in a row. what is a wave election? it's where lots of incumbents get tossed out, all though the eupl kupl pwapbts can be heavily concentrated in one party. remember we had a wave election in 2006 that was democratic. another wave election tilted to the democrats. 2010 a big wave election for the republicans. could we really be having a fourth wave election? it's too soon to say and the presidential nomination will be very important. rick: if there is one of t
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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